Which of the following does not change short- run aggregate supply?
A) technological change
B) an increase in the quantity of capital
C) a change in the full- employment quantity of labour
D) a change in the money wage rate
E) a change in expected future profits
Correct Answer:
Verified
Q8: The long- run aggregate supply curve is
A)vertical.
B)negatively
Q9: A technological advance shifts the
A)SAS and LAS
Q10: Which one of the following newspaper quotations
Q11: Use the figure below to answer the
Q12: Which one of the following newspaper quotations
Q14: Use the figure below to answer the
Q15: Long- run aggregate supply will increase for
Q16: A vertical long- run aggregate supply curve
Q17: If the money wage rate falls, then
A)the
Q18: Potential GDP is the level of real
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